Call reports 2020
VILLAGE BANK — 2020
What VILLAGE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 567,453,000 | 724,159,000 | 728,161,000 | 705,458,000 |
| Total loans | 452,453,000 | 625,754,000 | 627,614,000 | 595,423,000 |
| Allowance for loan losses | 3,444,000 | 3,759,000 | 4,050,000 | 3,970,000 |
| Securities available for sale | 39,081,000 | 37,785,000 | 36,305,000 | 40,844,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 469,617,000 | 580,416,000 | 575,301,000 | 589,931,000 |
| Interest-bearing deposits | 329,945,000 | 367,971,000 | 358,093,000 | 367,624,000 |
| Noninterest-bearing deposits | 139,672,000 | 212,445,000 | 217,208,000 | 222,307,000 |
| Equity capital | 55,182,000 | 57,784,000 | 59,182,000 | 62,183,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 5,704,000 | 11,920,000 | 18,485,000 | 25,929,000 |
| Interest expense | 1,076,000 | 2,170,000 | 3,092,000 | 3,806,000 |
| Net interest income | 4,628,000 | 9,750,000 | 15,393,000 | 22,123,000 |
| Noninterest income | 2,027,000 | 4,996,000 | 8,450,000 | 12,306,000 |
| Noninterest expense | 4,919,000 | 9,523,000 | 15,247,000 | 21,713,000 |
| Provision for loan losses | 400,000 | 700,000 | 950,000 | 950,000 |
| Pretax income | 1,348,000 | 4,535,000 | 7,658,000 | 11,778,000 |
| Income tax | 284,000 | 988,000 | 1,702,000 | 2,640,000 |
| Net income | 1,064,000 | 3,547,000 | 5,956,000 | 9,138,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 54,302,000 | 57,301,000 | 58,738,000 | 61,753,000 |
| Total capital | 57,746,000 | 61,060,000 | 62,788,000 | 65,723,000 |
| Risk-weighted assets | 457,751,000 | 445,865,000 | 445,537,000 | 462,690,000 |